what is journal
Answers were Sorted based on User's Feedback
Answer / md ismail
it is the original book of entry i.e, whenever a
transaction took place, the entry is very first entered in
a book called journal.each transaction will be written in a
journal book. and the entries will be called as journal
entries.each entry will have both debit and credit.
| Is This Answer Correct ? | 28 Yes | 3 No |
Answer / sunil pandey
Transation of day to day are written in which book is
called journal book.
| Is This Answer Correct ? | 7 Yes | 0 No |
Journal is a Latin word which jour means day and nal means
book it is is a book which we record our daily transaction in it
and journal can be for cash ,purchases ,sold goods
regard
ramazan ali haidary
afghanistan
| Is This Answer Correct ? | 7 Yes | 2 No |
it is the original book of entry i.e, whenever a
transaction took place, the entry is very first entered in
a book called journal.each transaction will be written in a
journal book. and the entries will be called as journal
entries.each entry will have both debit and credit.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / abdullah amer
journal is the book in which the transaction are recorded
in the chornological order .A journal is called book of
original prime entry because all the tranasaction are
entered first in this book.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / kamal das
journal is a book of original entry,in which daily
transactions are recorded cronologically or serially.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sarada
A Journal is a book in which business transactions are
entered in chronological order, or the order in which they
occur. a reord of a single transaction is called a journal
entry. Every Journal Entry is supported by a voucher,
evidencing the related transaction.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / riyaz
JOURNAL IS A PRILIMINARY BOOK IN WHICH ALL THE BUSINESS
TRANSACTIONS FIRST RECORDED.....
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / robin
the day to day transaction which under take in the business
are recorded in the book called journal book
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / anil ahuja
Journal is basically used for transcation other than
transaction sale,purchase,cash,bank(exp rectification of
errors made through Journal Voucher and other provisions
also accounted far through JOURNAL)
| Is This Answer Correct ? | 0 Yes | 0 No |
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
If A car in Name of company got damaged. and total amount of its repairing is 15,000/- and insurance company give me 10,000/- of it. Balance amount we paid through bank or cash .Then What is the entry for this in books.Kindly mention Ledgers with their respective Group Head.
what is secondary market?
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.
what are all the items comes under balancesheet(liability side & asset side) step by step.& also trading and p&l account. somany companies asking this type of question . please tell me...
7 Answers IBM, IBPS, Thomson Reuters,
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
How to do foreign currency payment
Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?
what is the bill of exchange
What are the financial instruments used in share market..?. Hope securities called as one of financial instrument. Your answer will be appreciated. If any link are given related to this apart from this, it would be highly appreciated this. Thanks in advance.
book keeping is the art of recording------in the books of accounts
What will happen if an organization not maintain the sufficient working capital?